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slyestjester

02/25/14 1:18 AM

#58281 RE: EagleCheck #58278

For the moment yes. But even if that weren't true, as I see it the earnings are determined in rmb, then a PE ratio is attributed to them, and the product of that results in a figure that is translated into US dollars. The US dollar figure is just a name for the underlying rmb earnings. If the dollar goes down, then earnings go up, not down.